Port St Lucie FL decline in Foreclosures & increase in Median Pricing

By
Real Estate Broker/Owner with Welcome Center Realty 772-336-8583, FLA777 BK3040183

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The result of this decrease in foreclosure inventory is increased median pricing. What I am seeing is what you used to get for 80K was more a year ago. Then you could possibly find a 1800 sq ft CBS (Concrete Block which is in greatest demand in Port St Lucie FL). Now you can still find a CBS home in the Port St Lucie Real Estate Market but it may only be 1200-1400 sq ft living. However, with low interest rates now is still a great time to take advantage of these Port St Lucie Real Estate Deals. After all, when these homes are gone, prices may again rise with the again reduced inventory.

 

Comments (1)

Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

The only thing prettier than your area are numbers you are posting showing a rebound. This is good news indeed.

Oct 15, 2012 03:56 AM